JaeKwan Choi - Cenit Chief Director

037760 Stock  KRW 1,461  14.00  0.95%   

Insider

JaeKwan Choi is Chief Director of Cenit Co
Age 69
Phone(82) 2 598 1205
Webwww.cenit.kr

Cenit Management Efficiency

The company has return on total asset (ROA) of 0.0183 % which means that it generated a profit of $0.0183 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 9.6717 %, meaning that it generated $9.6717 on every $100 dollars invested by stockholders. Cenit's management efficiency ratios could be used to measure how well Cenit manages its routine affairs as well as how well it operates its assets and liabilities.
Cenit Co has accumulated 15.05 B in total debt with debt to equity ratio (D/E) of 0.77, which is about average as compared to similar companies. Cenit has a current ratio of 0.98, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cenit until it has trouble settling it off, either with new capital or with free cash flow. So, Cenit's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cenit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cenit to invest in growth at high rates of return. When we think about Cenit's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

INSIDER Age

DoSoon HwangNeungyule Education
56
MinHong JuNeungyule Education
53
Cenit Co., Ltd. manufactures and sells cold-rolled stainless-steel coils and straps in South Korea and internationally. The company was founded in 1995 and is headquartered in Uiryeong-eup, South Korea. CENIT is traded on Korean Securities Dealers Automated Quotations in South Korea. Cenit Co (037760) is traded on KOSDAQ in Korea and employs 179 people.

Management Performance

Cenit Leadership Team

Elected by the shareholders, the Cenit's board of directors comprises two types of representatives: Cenit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cenit. The board's role is to monitor Cenit's management team and ensure that shareholders' interests are well served. Cenit's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cenit's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dong Kim, Non-Executive Independent Director
JaeKwan Choi, Chief Director
KangHae Lee, Chief Officer
Gyeong Shim, Vice President Director
Hak Choi, Non-Executive Independent Director
SeungBae Park, VP Director
Wu Kim, Internal Auditor
Seung Park, Co-Chief Executive Officer, Director
Jae Choi, Co-Chief Executive Officer, Director

Cenit Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cenit a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Cenit

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenit will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cenit Stock

  0.74011170 Lotte Chemical CorpPairCorr

Moving against Cenit Stock

  0.33005935 Samsung ElectronicsPairCorr
The ability to find closely correlated positions to Cenit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenit Co to buy it.
The correlation of Cenit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Cenit Stock

Cenit financial ratios help investors to determine whether Cenit Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cenit with respect to the benefits of owning Cenit security.